Company Summary

Magnolia is an online-only fashion store currently present in Chile, Colombia, and Perú. Launched in December 2012, Magnolia fills a void by offering its female clients hard-to-find fashionable brands at discounted prices. After 9 months in business our sales have grown 24X to US$640K in run-rate revenue, we achieved break even point, have delivered 2,900+ orders and have over 260K monthly unique visitors to our sites.

Team

Alvaro De la Fuente

Co-Founder & VP, Marketing & Sales

Alvaro is Co-founder and VP, Marketing & Sales at Magnolia LatAm, Prior to Magnolia, Alvaro worked for Groupon Perú as its Head of E-Commerce, where he managed the team that built the consumer goods operation in the country. Earlier in his career, he spent three years at Veranda Entertainment, a new-media start-up in Los Angeles, California, and held marketing positions at Sony Chile. He also teaches Digital Marketing part-time at UPC. Alvaro rec

Arturo Meza

Co-Founder & VP, Operations

Arturo Meza is Co-founder and VP, Operations at Magnolia LatAm. Prior to Magnolia, Arturo held Operations & Business Development positions at Groupon and Belcorp in Perú. Earlier in his career, he worked as a management consultant for Deloitte, The Parthenon Group and McKinsey & Co. in Colombia and the US, and as Economist at the Ministry of Trade and Tourism in Perú. Arturo received his MBA from Ross Business School in Michigan and his B.S. in

Andrés Londoño

Co-Founder & VP, Product

Andrés Londoño is Co-founder and VP, Product at Magnolia LatAm. Prior to Magnolia Andrés worked in Operations and as a Category Manager for Groupon Colombia. He has over 8 years implementing ERP and CMS systems for mid-cap companies in Colombia.
Andrés received his B.S. in Systems Engineering from Universidad Los Libertadores (Colombia)

Gustavo Aray

Advisor

Gustavo is the founder and Managing Partner at Rui Zhi Ventures, Ltd., a Shanghai-based VC & IP Advisory firm. Formerly, he was the Venture Director at Citi Ventures and Director of Investments and IP Acquisitions at Intel Capital. His venture investments have generated >3X on invested cash. Gustavo received his MBA from Darden Graduate School of Business and his B.S. in Finance from Miami University.